
Spain’s 100 percent tax on property buyers from abroad is increasing has prompted France, Greece and Portugal to reflect on the same decisions. “We fight with Airbnb with our powers” – they stress.
The equations are behind the expanding rent prices, not to mention the prices of real property and the popular tourist cities. Spain has introduced an unprecedented 100 percent tax on real property purchased by non European Union citizens.The government justifies its step on the ground that the majority of buyers of apartments do not want to live in them and only to make a earning from them. This was also a response to the numerous protests against “excessive tourism” (last year Spain was visited by 88.5 million visitors).
With the Spanish tax in force, people looking for a house will travel to other countries, already and so fighting with the surplus of Airbnb , including neighbouring Portugal which is also facing the similar housing problems. Short-term rental real assets contrast with the crisis in additional housing prices decreased by 112 percent from 2015 to 2021 .
A similar situation is in France, especially when there is speak of Paris and the south of the country.In 2016 , about 300 thousands of tourists rented hotels in 2016 and 2024 in 2024 already 1.2 million.In 2023 , 32 million tourists in 2023 , Greece was also forced to introduce radical regulations on the provision of paid real property to tourists (such a prohibition was announced only in three districts of the Tethenia). Also the rent for short-term rent has been increased from 1.50 to 8 euros. Will the other real property purchase fee be increased?
The “Anti-Community” protest ban has surged through popular European tourist countries. Where in which cities of the countries the such inscriptions appeared: “Tourists, go home”, “They come to our home, now live in the Maldives”, or “Tourists likely to stay in European tombs”. Residents argue that short-term rental destroys the communities of location and by fact destroys the unique character of the cities. Other than one Greece where tourists “leave” between 62.6 and 75.6 billioneuros, whichisasmallthirdofthevalue ofthegenerallyaverageproduct.
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